Investors Showed Interest To Pump In Rs 1,000 Cr In Sikkim: CM

Sikkim Chief Minister Prem Singh Tamang has said that investors have expressed interest to pump in Rs 1,000 crore in various sectors in the Himalayan state.
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He said the government will immediately start implementing investor-friendly policies.
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Tamang, while addressing a press conference on Friday, said the interest shown by the investors during a G20 meeting on March 16 will be fruitful for the state in the long run.
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Chief Secretary V B Pathak said representatives of 12 G20 nations had participated in the B20 conference.
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"Investors have shown interest to pump in over Rs 1,000 crore in IT & ITeS, infrastructure, renewable energy, microbrewery, skill development, education, agri-processing, organic farming, forest products and hospitality sectors," he said.
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Pathak said Costa Rica, which has a 95 per cent dependency on hydropower for its energy needs, wanted to collaborate with Sikkim, which also has a huge hydropower potential.
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Norway showed interest in small hydro and tunnelling activities in Sikkim with disaster mitigation efforts, and Sweden wanted to support the education sector of the Himalayan state, he said.
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He said neighbouring countries such as Nepal, Bhutan and Bangladesh have shown keen interest in international air connectivity with Pakyong and Bagdogra.
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Agriculture Department Secretary J D Bhutia said that Switzerland has expressed interest in the organic products of Sikkim owing to its huge market potential in Europe and US.
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He said testing labs would be set up in the six districts of the state to ensure that the products match the quality standards of these markets.
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Sikkim will host the second meeting of the Startup20 Engagement group, newly formed under India's G20 Presidency, on March 18 and 19.